Tag Archives: unpaid loan obligations
PEI Supreme Court grants preservation order amid wife’s accusation of husband’s drug addiction
The PEI Supreme Court has granted a preservation order over a man’s fishing business after his wife raised concerns about his drug addictions and unpaid loan obligations. The dispute in M.B. v. D.B., 2023 PESC 39 involved the issue of whether to grant the wife’s request for a robust preservation order concerning the husband’s fishing operation, essentially giving control to the wife. The wife alleged that the husband has drug addictions. She was concerned with actions that have been taken and may be taken by the husband, resulting in potential depletion of assets and adverse impact on the wife’s credit rating and the family home. The wife raised concerns about thousands of dollars allegedly withdrawn from accounts, including over a relatively recent period. The wife was particularly alarmed that the husband recently failed to pay two substantial loan payments associated with the fishing operation. The wife claimed that the husband’s actions put the fishing operation’s entire existence at risk. >>click to read<< 17:29
